1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AleksandrR [38]
3 years ago
10

e lottery winner who is going to invest in utility bonds and a savings account using the following data: Assume that her total w

innings are $ 700000, that the utility bonds will pay 3 percent per year, and that the savings account will pay 2 percent per year. How much should she allocate to each investme?
Business
1 answer:
tensa zangetsu [6.8K]3 years ago
3 0

Answer:

How much should she allocate to each investme?

420000 in Bonds and

280000 in Saving Account

Explanation:

x*0.03 = y*0.02

Assuming she has to invest everything

x+y = 700,000

x = 700,000-y

Plug that in to the above

(700000-y)*0.03 = y*0.02

21000 - 0.03y = 0.02y

21000 = 0.05y

y = 420000

x = 700,000-y

x = 700,000-420000= 280000

420000 in Bonds and

280000 in Saving Account

Income saving=280000*2%=5600

Utility bonds=420000*3%= 12600

You might be interested in
Which of the following cooking methods would produce food with a smoky, slightly charred flavor? A. Saut ing B. Grilling C. Roas
netineya [11]

Answer:

B

Explanation:

Grilling is the cooking method that would produce food with a smoky, slightly charred flavor.

8 0
3 years ago
Imagine that a food critic visits your restaurant and writes a positive review that was then published in a magazine. This is an
BartSMP [9]

Answer:

Good Quality or Service

Explanation:

This is a very general question however I’ll try to answer it to the best of my knowledge.

This is an example of Good Quality or Service OR Public Relations or Promotion.

Good Quality or Service – The food quality or the service at the Restaurant must be very good that the food critic was so impressed that he/she published this review on the magazine so that others may try the delicious food of this Restaurant.

Public Relations or Promotion – Regardless of the food quality or the service at the Restaurant, the restaurant owner had paid the food critic/blogger to post good reviews about his/her Restaurant in the magazine which would attract more customers to this Restaurant.

In my opinion, Good Quality or Service is more relevant in this scenario.

3 0
3 years ago
Tangerine Tangerine ink Target capital structure is 20% debtthe following information about sleep please Corporation a company h
Tasya [4]

16% is the answer.

<u>Explanation:</u>

<u>The following is used in order to calculate the cost of the retained earnings. </u>

The Calculation of cost of retained earnings by using bond yield plus the risk premium method

= Long term bond yield + the risk premium

The Long term bond yield = 12 percent

The risk premium = 4 percent

Cost of retained earnings = 12 percent plus 4 percent = 16 %

Therefore, the correct option will be with the 16 percent .

7 0
3 years ago
10. Stone Industries has three product lines: X, Y and Z. The following information is available: Product X Product Y Product Z
Trava [24]
The answer is 44,000
7 0
3 years ago
The actual information pertains to the month of June. As part of the budgeting​ process, Colonial Fencing Company developed the
Alexxx [7]

Answer:

330,000

Explanation:

Selling price per unit as per static budget

=$615,000÷$20,500

=$30 per units

Actual sales volume =11,000 units

Sales Revenue as per flexible budget = Actual sales volume × Budgeted selling price per unit

=11,000×30

=330,000

Therefore the flexible budget for sales revenues will​ be 330,000

6 0
3 years ago
Other questions:
  • he Snella Company reports 2015 Pre-tax Net Income of $10,000. The following items exist:Premiums Paid for Key Officer Life Insur
    8·1 answer
  • Changing a career is what kind of obstacle?
    9·1 answer
  • During its first year of operations, Forrest Company paid $44,760 for direct materials and $50,600 in wages for production worke
    5·1 answer
  • When the current price of an item is greater than the item's market clearing price:_________.
    10·1 answer
  • Solstice Company determines on October 1 that it cannot collect $50,000 of its accounts receivable from its customer P. Moore. I
    9·1 answer
  • Department a had sales of $100,000.00, Department B had sales of $500,000.00, and total...
    14·1 answer
  • Using the mini case information, write a 250-300-words report presenting potential ethical issues that may arise from expanding
    8·1 answer
  • Which part of an insurance application will contain information regarding the cause of death of the applicant's deceased relativ
    12·1 answer
  • ABC Corp. received a 3-month, 8% per year, $1, 500 note receivable on December 1. The adjusting entry on December 31 will includ
    12·1 answer
  • Discuss Two social factors (excluding friends and social interaction) that may contribute to unemployment in South Africa amongs
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!